I am trying to see how it works and will digest it as now all my salaries go into cimb (which has quite a few branches in town)

dont know if i wanna go for tha IQ acc as taking out monies from OCBc is a nightmare.

this is the info which i obtained, after sending out the emails.


Thank you for your email regarding OCBC iQ Account. It is an easier way to do your banking. Allowing you to get all your banking done quickly and easily.



Below are an introduction of iQ Account :



· Convenience at your fingertips with OCBC Internet Banking. Make payments to over 46 billers including utilities, assessments and telcos from anywhere and at any time of the day. Just log on to OCBC Internet Banking at www.ocbc.com.my for more information.



· Not only that, you also get to enjoy 5 FREE funds transfers each month to other banks with OCBC Internet Banking when paying your home and car loan instalments, settling credit cards bills and many more.



· The simplicity and ease of banking doesn't end there. You can access your iQ Basic Account (Current Account) at all OCBC Bank and OCBC Al-Amin branches. If you are unable to locate a branch near you, you can also perform cash withdrawals at foreign bank ATMs (HSBC, UOB and Standard Chartered) at just RM1 for each successful cash withdrawal.



· You can also perform cash withdrawals at local bank ATMs via the Visa Plus network and enjoy the first 2 withdrawals per month for FREE and subsequent withdrawals at RM4 each.



· What's more, you may also choose to perform your banking transactions through our Contact Centre (which includes Banking-On-Call services), Mobile Banking or even Fax Banking.



· Also, stay updated and have complete control over your finances with the monthly eCashflow statements which provide a consolidated and detailed overview of your iQ Basic Account. These may be accessed easily via OCBC Internet Banking.



We don’t just talk about making your money grow. We actually make it happen with iQ Cash.



· The iQ Basic Account is linked to an iQ Savings Plan that offers higher-than-ordinary savings rates. The iQ Savings Plan lets you determine a fixed monthly amount to save – from a minimum of RM50 to a maximum of RM5,000.



· You also have the option to enjoy higher Fixed Deposit rates for 7 and 15-month tenures. This is subject to a minimum placement of RM5,000. Rates for all other tenures follow the Bank’s normal board rates.



· Plus, enjoy special foreign exchange rates on overseas remittances.



To open an iQ Account, please walk in to any of OCBC Bank branch (Klang Valley). To find out more on IQ, pls log on to OCBC website www.ocbc.com/my/iQ. Alternatively, please contact our iQ Hotline at 1300 88 5000. Our dedicated iQ Service Executive will be happy to assist you.



Thank you.



OCBC iQ

This is so untrue... The Puchong branch can't do it.

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Added on November 5, 2010, 11:36 pmIf you open OCBC Internet Banking via OCBC CC first, your iQ account can be linked to the same logon to perform payment transactions.

This post has been edited by ronnie: Nov 5 2010, 11:36 PM

Performed a test IBG transactions from my iQ Basic to CIMB Bank for Credit Card payment... no IBG fees was charged.
Let's see how quickly the funds will be transferred to CIMB.

I did the IBG transaction at 10.30AM on 18 Nov 2010.
Transaction went in upon checking CIMBClicks at 7.55AM on 19 Nov 2010.

p.s. it was paying directly to supplementary CC ;-)

I think this is a bit late already. I usually transfer out my money from HSBC in the morning before HSBC's cut-off time at 11.30am and i always get the money in my CIMB Bank savings account around 3pm - 4pm on the same day. May be it's different for savings account

I don't mind... it's quicker than payment via cheque, which could take 2 days to clear.

Ya. So inconvenient to open up one iQ account!

After go to the bank, spent one hour talking to financial consultant & with OCBC HQ.
When decided to open the account, only noted can't do at the branch.
If wana open, need to go KL PJ branch.

Really shock with their service.

I just spoke to IQ call center exec, she said IQ no longer open to individual customers (so don't waste your time and walk in to any OCBC to open the account). Now they only deal with corporate account at the moment which means you need your boss to signed up with OCBC and open the IQ account for all the company staffs where the monthly salary will be credited into.

Did anyone heard about Standard Chartered Bank - Employee Banking? This also similar with the OCBC IQ.

They just came to my company do a presentation last week. It also got a lot benefit to us.
1)interest bearing current account
2)Cash back on credit card.
3)Special rate for personal loan.
4) IBG trancastion is not free but is just RM0.50 only
5) under Iphone application "BREEZE", u can check balance via Iphone.

Yea, I'm doing Employee Banking. What are your queries I can attend to?

Just opened an iQ Basic account however is it true to use OCBC online we need to apply for an ATM card?

they come do promo at my workplace..good or not this iq banking

plus, no lock in period for iQ member if you take up a mortgage from OCBC.
I like the better FD rates and FREE inter bank fund transfer.

you can set in your account the payments/ transfers to be made on a specific date such as rent to be paid to landlord on 15th of everymonth or credit card bills. this way, you will not forget to make the payments.

Hi yes, I agree with you on the FD rates and free interbank fund transfer.

I have a standing instruction on a specific date of every month. Now, I would like to cancel/amend this, how do I do it? can anyone enlighten me please? thanks!

Hi,

If i wishes to close this IQ account , what should i do? Any expert can give advise?

A visit to OCBC helps

Ok, i will pay a visit next month after interest paid.

how much the debit card charges for ocbc account?

This post has been edited by heavensea: Sep 19 2016, 05:19 PM

they have no debit card, but an atm card which charges you RM 8.00